Other · DOL Form 5500 · 2022

Scholarship America Inc Retirement Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
210
Participants Below avg headcount
57th
Percentile by assets National rank
$32,261
Avg per participant Low balance/head
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Official DOL plan name: Scholarship America 403(b) Retirement Plan · Sponsored by Scholarship America Inc · Minnesota · Other Services

$7M in assets, 210 participants

Scholarship America Inc's Scholarship America 403(b) Retirement Plan reported $7M in total assets and 210 participants in its 2022 DOL Form 5500 filing, ranking in the 57th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,219 in Other Services (8,398 peers)

Coverage in Minnesota

Scholarship America 403(b) Retirement Plan covers 210 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $7M.

#6,219
in Other Services (8,398 peers)
-17.3%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scholarship America 403(b) Retirement Plan's mid-pack asset rank among Other Services and all filers

Scholarship America 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$6,774,777 Top 43% higher than 57% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Scholarship America 403(b) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Scholarship America 403(b) Retirement Plan sits mid-pack in the medium band (210 participants).

DOL schedule card

Filing strip 042296967 · Scholarship America Inc PY 2022 · Other

Scholarship America 403(b) Retirement Plan · $7M · 210 · 57th

  • EBSA $7M
  • EBSA 210
  • EBSA 57th
  • EBSA Other
  • EBSA near Hawkeye Area Community Action Program Retirement Plan
  • EBSA ind #6219

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in Minnesota →

Scholarship America 403(b) Retirement Plan in the asset neighbourhood

National Center on Institutions & Alternatives 403(b) PlanNational Center on Instituti…$7MSaint Paul's School 403(b) DC PlanSaint Paul's School 403(b) D…$7MScholarship America 403(b) Retirement PlanScholarship America 403(b) R…$7MHawkeye Area Community Action Program Retirement PlanHawkeye Area Community Actio…$7MHebron Christian Academy 403b PlanHebron Christian Academy 403…$7M
End-of-year total assets ($M) among Scholarship America 403(b) Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN042296967
Plan Effective Date2010-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scholarship America Inc)

Sponsor-wide plan assets over time

All Scholarship America Inc plans reported in each filing year

Latest sponsor-wide plan assets
$10M 41.72882738428143% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.77M $9.6M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 210 $7M
2023 1 195 $8M
2024 1 198 $10M

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

Scholarship America 403(b) Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants Scholarship America 403(b) Retirement Plan, Total assets ($B): 0.006774777 · Participants: 210Scholarship America 403(b) Retirement PlanMayo 403(b) Plan, Total assets ($B): 9.453323372 · Participants: 80932Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.739468957 · Participants: 10840Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.691827028 · Participants: 5009Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.583263225 · Participants: 20332Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.358032714 · Participants: 2317University of St. Thomas Retirement Plan
Scholarship America 403(b) Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants

Scholarship America 403(b) Retirement Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Hawkeye Area Community Action Program Retirement Plan in IA ($7M); by covered participants it is Maryville College Defined Contribution Retirement in TN (210 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Scholarship America 403(b) Retirement Plan assets move in 2022?
Scholarship America 403(b) Retirement Plan declined sharply - down 17.3% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Scholarship America Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Scholarship America Inc's sponsor-wide assets grew 41.7%, from $7M to $10M.
Which Other plans are similar in size to Scholarship America 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is Hawkeye Area Community Action Program Retirement Plan in IA ($7M, 316 participants).
Which Other plans cover a similar participant headcount to Scholarship America 403(b) Retirement Plan?
Among Other plans in other states, the closest by covered participants is Maryville College Defined Contribution Retirement in TN (210 participants, $34M in assets).